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Does SDG Coverage Influence Firm Performance?
DOI:10.3390/su14094870.png)
Abstract
En 中文
The purpose of this study is to examine the influence of the Sustainable Development Goals (SDGs) on firm performance. The study examines the SDG coverage of international firms in six industries listed in the Corporate Knights' Index, including banking, insurance, petroleum refineries, real estate investment and services, and investment services. Through a content analysis approach, the annual and sustainable reports of these firms for the year 2020 were used to extract financial and SDG information, respectively. The findings indicate that SDG coverage has no effect on firm performance. The results also show that SDGs 5, 8, and 13 appear to be the most widely adopted SDGs by companies from all industries, while SDGs 2, 6, and 14 tend to be the least focused on of all SDGs. This study can assist regulators and investors in better understanding the role of SDGs in achieving an organization's success.
Keywords:
Sustainable Development Goals (SDGs)
firm performance
content analysis approach
Return on Equity (ROE)
Corporate Knights' Index
Journal
IF:
3.3
Papers:
10.7W
Citations:
28.4W
Organization
Cited Papers
Beyond Cockpit-ism: Four Insights to Enhance the Transformative Potential of the Sustainable Development Goals
SUSTAINABILITY
IF3.3

